A well-maintained and very presentable property centrally located in Palmerston North's CBD. This two-storey commercial building, built in the 1970's has been updated over the years with its latest refurbishment in 2018. 501 Main Street is fully tenanted, with a mix of both retail and office. A strong walt of 5.7 years with annual growth from both tenancies. This property presents an outstanding opportunity for investors to enjoy immediate returns and benefit from potential future growth.
• Land area: 477m2 (more or less) • Floor area: 829m2 (more or less)
• Zoned: Commercial
• Walt: 5.7 years
• Multi tenanted
• Disclosures exist